More trouble in Google’s Brain: The tech giant fired a researcher after he questioned an AI paper. It’s the latest controversial firing that’s helping erode confidence in Big Tech.
On today's episode, we discuss what to make of Google's Q1 and what is behind YouTube's slowing growth. "In Other News," expect to learn about the future of the video streaming bundle and what kind of an impact the newly formed Warner Bros. Discovery can have on the media world. Tune in to the discussion with our analyst Paul Verna.
EU probing Apple Pay: Restricting access to key NFC technologies on iPhones prevents EU banks from providing payment solutions, limiting competition. Mounting scrutiny could alter the duopoly’s payments dominance.
As its market share shrinks, Walmart introduces a rewards program: The retailer is partnering with Ibotta to offer customers cash rebates across its app and website.
Amazon and Flipkart sellers in India face allegations of anti-competitive behaviors: The Indian government is investigating claims that some sellers on the platforms have been given preferential treatment.
The Federal Reserve started onboarding participants for its FedNow pilot test as its 2023 launch date approaches.
Telegram could be pivoting to subscriptions: The popular messaging app is readying a ‘premium’ offering—but must walk a fine line as it does so.
As Reels grows up, its videos are getting longer: Instagram’s TikTok clone is expanding its length to improve its monetization strategy.
Established brands—and not DNVBs—will drive the vast majority of D2C ecommerce sales.
Consumer spending hasn’t slowed despite rising costs: But that may be tested as companies such as Whirlpool and Clorox plan additional price increases.
Amazon aggregator Thrasio announced layoffs and a CEO change: The company’s hypergrowth business model drove it to rapidly acquire new enterprises without paying heed to the infrastructure needed to sustain success.
In 2021, cryptocurrency accounted for $6.10 billion worth of transactions worldwide, up 177.3% from $2.20 billion the year before. Come 2023, crypto transaction value will hit $16.16 billion as more businesses accept these digital currencies as payment.
Chip factories could see delays: Now it’s the tools used to build chip fabs that are facing shortages. As new factories are delayed, the chip shortage will continue into 2024, resulting in scarcity and price hikes.
EVs, DIY-style: Soaring gas prices have classic car lovers flocking to conversion specialists for an electric makeover. The trend could help decarbonize the global transportation sector much faster.